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JCB finds home inside Taiwanese mobile wallet

JCB International Co. Ltd. has reached an agreement with Taiwan Mobile Payment Co., a major mobile payment service provider, to accept JCB Card in Taiwan Pay twallet+, an HCE-based mobile payment platform, according to a press release.

"This is the first time in the world that JCB's J/Speedy, a contactless payment solution, has been rolled out as an HCE mobile payment service," Daisuke Sakurai, executive vice president of business development for JCB, said in the release. "The reason why we chose Taiwan as the first market is because it is a very important market, and the contactless infrastructure is so well placed that mobile payment business can be expected to expand greatly."

Taiwan Mobile Payment said it has been strengthening its service in alliance with international card brands. The JCB partnership enables registration of JCB Card in Taiwan Pay twallet+, enabling mobile payments at J/Speedy contactless terminals. The companies are planning to provide services for general consumers in the first quarter of 2018.